AscendEX Launches Perpetual Futures Contracts for BLURUSDT
Publish on 2023-03-01
AscendEX is excited to launch perpetual futures contracts for BLURUSDT on March 2, 2:00 AM UTC, 2023. The BLUR perpetual futures contracts are denominated and settled in USDT with available leverage up to 5x.
AscendEX now accepts BLUR as multi-collateral assets for trading perpetual futures contracts. BLUR are discounted by 20% in value when it is used as collateral for futures trading. For example, if BLUR is priced at 0.8 USDT, and users deposit 100 BLUR into their Futures accounts, only 64 USDT worth of BLUR can be used as collateral in the calculation of the initial margin rate and maintenance margin rate.
Users can deposit BLUR in their futures account to be used as collateral when trading all USDT-margined Futures, other than USDT, USDC, USDP, BTC, ETH, ADA, ATOM, BCH, BNB, BSV, DOT, EOS, LINK, LTC, MATIC, TRX, UNI, XRP, ALGO, BAND, CSPR, DOGE, EGLD, ETC, FIL, FTT, IOST, KAVA, ONE, SOL, SRM, VET, WOO, XLM, XTZ, AKT, XPRT, SHIB, FTM, OMI, FIDA, ZIL, APE, AVAX, NEAR, AXS, RVN, REEF, GMT, CHZ, DYDX, BONK and FLOW.
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The AscendEX Team
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